Mumbai, Dec. 4 -- In an exchange filing, the company said the order involves the repair, erection, testing, and commissioning of a 397 MVA HVDC converter transformer, with delivery scheduled by the next financial year.

The company also clarified that neither its promoters nor the promoter group have any interest in the awarding authority, and the transaction does not qualify as a related-party deal under regulatory norms.

Transformers and Rectifiers (India) is a leading manufacturer of transformers and reactors. It caters to power generation, transmission, distribution, and industrial sectors on a B2B model. Its product portfolio spans single-phase power transformers up to 500 MVA and 1200 kV, furnace, rectifier, and distribution transf...